Definitely a personal question. 

Should I be concerned the bank may have issues with this? 

Personally I pay $300 commission to get the new tenant, 8% of rent collected, and $150 for renewals.

With the exception of building a trailer on the property (these are hard to finance), this sounds like a good plan AND if you are using it for your business AND your business pays more than 50% of the rent (if you have more than 1 tenant), then this is a more financeable property in the eyes of banks and credit unions as it would be consider a commercial "owner-occupied" property. 

But now with the joy and headaches of non-metered units, trying to wrangle 3 different set's of persons into playing nice, etc etc.. 

My though process in undercutting the bank by 1 % was to possibly attract qualified buyers.

@Travis Timmons thank your for sharing these details in your personal experience.

I personally walked and researched every property prior to investing to understand what I was buying, what could be done to add value and what I should expect in cash flow and appreciation.Learning what makes a good investment for you is absolutely necessary. 

.: My question is… Do people promote buying rentals due to some sort of  personal benefit/conflict of interest?

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.